US EditionAI Is Wrecking an Already Fragile Job Market for College Graduates
UNITED STATES, JUL 29 – AI automation cuts entry-level hiring by half since 2019 as employers seek critical thinking and AI skills that many schools have yet to teach, according to SignalFire data.
- This year, Artificial intelligence is reshaping the entry-level job market, pushing firms to hire fewer recent college graduates and automate tasks once seen as stepping stones.
- A SignalFire report found the share of entry-level hires at the 15 largest tech firms has fallen by 50 percent since 2019, and only seven percent of new hires were recent graduates in 2024.
- The Labor Department reports college-educated 20-to-24-year-olds face a 6.6 percent unemployment rate, while graduate degree holders' rates rose from 3.2 to 4.2 percent.
- Amid AI automation of routine tasks, companies like Carlyle and Williams are introducing AI literacy training and structured onboarding programs with intentional mentoring.
- Amid shifting job requirements, young people are turning to TikTok, Instagram, and YouTube for career exploration, with 70% of survey respondents using social media to find opportunities, as executives say graduates need stronger critical thinking and AI fluency.
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11 Articles
Reforma
To hire a college graduate today? For a number of bosses, the answer is for not much, AI can do the job.
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